Bulenox has been flagged by National Securities and Stock Market Commission for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Bulenox offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Competitive fees|Clean UI|Economic calendar
Cons: Some tools only available on higher tiers|No phone support on weekends
Bulenox has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Full transparency|Stable platform|Responsive team|Regular updates
Cons: No dark mode on mobile
I was about to invest with Bulenox but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. National Securities and Stock Market Commission has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
After since the beginning of the year with Bulenox, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: Risk management tools|Good analytical tools|Clean UI|Social trading features
Cons: No live chat on mobile
After spending since I opened my account last year trying to make Bulenox work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Regular updates|No hidden fees|Excellent charting
Cons: Minor UI glitches occasionally|Limited social trading features
The spread at Bulenox is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them while looking for alternatives to my previous provider and initially thought the platform was good - until I started trading seriously.
Pros: Regular updates|Excellent charting
Cons: Search feature is basic|Onboarding videos are outdated
I want to warn everyone about Bulenox. They have been flagged by National Securities and Stock Market Commission as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Pros: Initially responsive customer service
Cons: Cannot withdraw funds|Not regulated|Pressure tactics